ATLANTA—Columbia Property Trust just sold afive-building class A office campus in Atlanta for $290 million.The campus offers 1 million square feet of officespace.

AT&T Services occupies 100% of the unencumbered officeproperty. The complex is located at 1025, 1055, 1057, and 1277Lenox Park Boulevard and 2180 Lake Boulevard in the Lenox Parkoffice complex in Atlanta's Buckhead submarket.

“This carefully planned and executed sale allowed us tocapitalize on market demand while further reducing some of ourremaining exposure in single-tenant assets,” says NelsonMills, president and CEO of Columbia. “While Atlantaremains a sizable component of Columbia's overall portfolio andAT&T continues to be a valued tenant, this transaction isconsistent with our strategy to enhance the portfolio byselectively redeploying capital into new growth opportunities, suchas our recent purchase of 650 California in San Francisco.”